SINOPACK(003031) 上海证券报·2025-04-18 23:28Core Viewpoint - Hebei Zhongci Electronic Technology Co., Ltd. has approved the use of idle raised funds for cash management, allowing for the investment of up to RMB 2.38 billion in low-risk, liquid, and principal-protected bank-issued deposits with a maximum investment period of 12 months [1][7]. Group 1: Cash Management Implementation - The company signed a sales agreement with China Bank to invest RMB 45 million and RMB 55 million in structured deposits, with maturity dates on January 24, 2025 [2]. - The company has successfully redeemed these structured deposits, receiving principal amounts of RMB 45 million and RMB 55 million, along with returns of RMB 28.86 thousand and RMB 10.63 thousand, respectively [2]. - In the past twelve months, the company has utilized idle funds for cash management, including a previous redemption of RMB 10 million with a return of RMB 17.58 thousand and another RMB 20 million with a return of RMB 66.91 thousand [3][11]. Group 2: Financial Management Strategy - The company aims to enhance fund utilization efficiency and generate investment returns without affecting the construction of fundraising projects and normal operations [9]. - The company has committed to a prudent investment approach, ensuring that idle funds are not used for high-risk investments such as stocks or unsecured bonds [11]. - The company will regularly disclose the status of cash management products in its periodic reports, ensuring transparency in fund usage [11].